"The UK’s high electricity prices are here to stay. But could they offer an opportunity?" Dr Renaud Foucart @rfoucart.bsky.social writes for @uk.theconversation.com 👇 theconversation.com/the-uks-high...

Electricity in the UK will not be cheap in the foreseeable future. It will also largely be intermittent. What if we had a bit of ambition and used this situation to do what we do best: services and innovation? Me in @uk.theconversation.com theconversation.com/the-uks-high...

Very attractive postdoc opportunity at the University of Padua. While the position is advertised as Econ, the group has strong interests in political economy and would consider seriously quant polisci students. inomics.com/job/two-year...

The country remains the world’s largest consumer.

No one knows how to end the US trade deficit, but those who failed all won something in return. Obama got energy independence. Biden a manufacturing revival. And Trump bullied his allies into submission. My latest in @uk.theconversation.com theconversation.com/the-supreme-...

Are you a Dink, Alice or Henry? @rfoucart.bsky.social writes about how social mobility is different for today’s young people in @uk.theconversation.com 👇 theconversation.com/are-you-a-di...

What it means to be middle class today is confusing because the relative price of stuff is totally different from previous generations. Me in @uk.theconversation.com theconversation.com/are-you-a-di...

China's solar power *output* — the actual TWh delivered — up 43% year-on-year! Energy *storage* growth now also exceeds demand growth. And yes, China's overall CO₂ emissions are flat/down last year. www.carbonbrief.org/analysis-chi...

"If you put an infinite number of the complete works of Shakespeare in a room, it will produce a single monkey" www.washingtonpost.com/technology/2...

Just went on @france24.com to discuss how the French built a majority for the budget by all pretending to be in the opposition. (And to gossip about all the drama in the election for Paris mayor) www.france24.com/en/tv-shows/...

I wrote a piece in @uk.theconversation.com in the simplest words I know to explain to your grandma why, 3 years after chatGPT, employment remains at record low. And why what matters is how AI will affect how much of the money workers get, and how it is shared theconversation.com/why-ai-has-n...

Results of the new CfD allocation round is out. Is £91.20/MWh a burden that will impede electricity prices to go down, or an insurance that saves us when the next war bring prices up? In ten years, a lot of people will shout "I told you so." Ignore them.

Not always a fan of the Guardian often sensasionalist science coverage, but this is the kind of moment when you can tell who is still in the realm of normal debate, and who is full on propaganda. Well done to the Guardian www.theguardian.com/environment/...

No one will kill you in London, but if your phone is stolen the police will not look for it London is young, vibrant, people take the risk The rest of the country is increasingly old and scared, they hate it Don't think it's much more complicated than that

Being lost in a city

I was on Fr24 yesterday to discuss why French farmers are so poor when CAP is 25% of the EU budget and France #1 recipient -- and why it matters so much for the EU to sign trade deals to exist outside of the US-China bipolar world (Mercosur today, India in the coming weeks)

MTurker urgently need to pay for a premium version of Claude in order to provide credible answers to qualitative studies

new vox dev piece on our recent RCT to counter misinformation in classrooms in india:

At the University of Alabama at Birmingham we had students protesting the module on evolutionary game theory on religious grounds. So we renamed it "the dynamic theory of games" and the students were none the wiser. >

Too bad -- I often think most of today's incel philosophy is just re-heated Pausanias from Plato's symposium

My attempt to explain a country with the population density of the Netherlands and the urban choices of Arlington, Texas, who also happens to care about inclusion and ends up bringing kids to school in taxis and giving cars to 860,000 disabled people because that's the only way to give autonomy

These are the conversations the UK still refuses to have.

My preface to the UK budget in The Conversation about three things no one is talking about: the Covid debt, the energy support scheme, and Brexit. Three political choices that we treat as shocks and refuse to discuss to avoid sounding awkward. theconversation.com/the-three-sp...

I wrote about electricity prices in the UK in @uk.theconversation.com theconversation.com/why-electric...

- high gas prices have driven up the price of electricity - consumers pay surcharges on their bills to develop renewables - renewables lower the price of electricity - nuclear is complicated - The UK has less sun than Spain. Me in @uk.theconversation.com theconversation.com/why-electric...

People love to be in control. They also love to take credit for success and blame others for failures. When we offer subjects a chance to delegate to a lottery that might pick their choice or someone else's, they stop being control freaks (1/6) (in econ letters) www.sciencedirect.com/science/arti...

So, here in sunny Lancaster, we have this rockstar student on the market this year. Before him, the world thought that increasing the number of economic graduates (the best paid ones) should strongly decrease their salaries. Joseph shows it is not the case. (1/3)

I'm happy to share my job market paper. It asks a simple but classic question: to what extent are graduate wages affected by the supply of graduate labour in the economy? 🧵

The world is ageing - what can we learn from Europe's difficulties to make an old world a happy one? Me, in TIME time.com/7320745/boom...

I guess it's time to open Thomas Schelling again! What should Europe (and the US???) do to get us closer to peace as Russia is probing attacks on Eastern Europe? Four points. (1/7)

Yes, François Bayrou precipitated his own downfall, but at least the 74-year old outgoing PM broached the politically explosive topic of how boomers benefit above the odds from the French state, argues @lancasteruni.bsky.social’s @rfoucart.bsky.social 🇫🇷 Full itw ⤵️ f24.my/BPzV

I wrote on a paradox of the latest Google ruling: as time passes, even illegal monopolies disappear because of innovation. Monopolies may actually encourage radical innovation. But this also means zero accountability for those who break the rules. theconversation.com/google-avoid...

Perhaps the one absolute success of 14 years of Conservative party rule in the UK will be claimed by no one www.ons.gov.uk/employmentan...

How can central banks deliver difficult messages when politicians say they're "morons"? With difficulty... because people don't like listening to outsiders. Lagarde has more difficulty reaching Italians and Draghi (and vice versa) My @financialtimes.com newsletter ft.com/content/2082...

To benefit from advice, you need to follow advice first! Our experiment on chess players and why a world democratising access to expertise will not necessarily be a more equal one, is now published in JEBO. www.sciencedirect.com/science/arti...

We were lucky enough to have our YouGov/The Economist poll in field when the US bombed Iranian nuclear facilities. You can see the partisan realignment in real time

In this piece, I very strongly argue that I have no strong views on whether spending £14bn on a new nuclear reactor is a good idea. But I try to make what I think is the best possible case for it. theconversation.com/nuclear-ener...

I wrote in @uk.theconversation.com about the price of everything and our aversion to talk about tradeoffs. (in the context of the UK's review of its green book to evaluate public investments) theconversation.com/where-should...

Completely lost at the "AI means everyone is cheating at University" discourse. I teach in 2 universities, we have in-person invigilated exams. AI can help for coursework but it's our job as teacher to still make the work useful. What is the problem exactly? Have some places no exam anymore?

I love you, @theguardian.com, I truly do. But could you not refrain from those regular pieces "champagne reduce risk of cardic arrest," "coffee is good for you." All it would take is one employee with basic training in causal inference with a veto right. Please. www.theguardian.com/society/2025...

I used to believe some people were angry at the use of lotteries in school choice for selfish reasons -- in the hope of gaming the system or keeping segregated schools. Our paper, now out in Games and Economic Behavior, tells the story of how I was at least partly wrong: (1/11)

If you ever felt bad for a mistake in your exam questions, the 10,000-candidate EU translator exam is cancelled because they set a multiple choice questionnaire as a multiple answer

m.youtube.com/watch?v=elSe... Spoke to fr24 about the new "people against the judges" country: France

@theguardian.com has a very long explanation of why the UK got the 10% tariff and why it is genius diplomacy without even mentioning it was applied the exact same (x-m)/2m formula as everyone else www.theguardian.com/politics/202...

I am hiring a Junior Economics Researcher at UPF Barcelona. Please apply if you are interested macro, market power, labor euraxess.ec.europa.eu/jobs/332002 #EconJobs #AcademicJobs #Economics #JobAlert

Playing it nice and giving enough rope for the US admin to climb down, or going nuclear with the EU anti coercion instrument and ending US intellectual property right? Me in The Conversation: theconversation.com/how-the-uk-a...

Having an office in Ireland will become, more than ever, the place to be for fiscal optimization. Pay RoI tax. Send to NI via Windsor framework. Export to the US at 10%.

I don't know if tariff retaliation with the US is good or useful, but in a post WTO world, the most obvious sector to tax without hurting domestic producers is digital services: Amazon, Google, Meta, ... not car parts and industrial components. Might also be politically astute.

If procrastination was a country

Economists: people don't understand marginal tax. If your tax rate increases above £100,000, you don't suddenly lose money when you earn £100,001 UK tax system: hold my beer www.ft.com/content/8fc5...